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Patrick Campbell: why ProfitWell sold to Paddle for $200M
Manage episode 330253760 series 2121450
Content provided by Transistor.fm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Transistor.fm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Patrick Campbell just sold his startup, ProfitWell, to Paddle for $200 million.
Highlights (go straight to π₯ for the best stuff):
- 0:00 β "My problem is I'm always curious if other people are living a better dream than me."
- 1:30 β The major downside to bootstrapping is the lack of network
- 2:20 β Selling ProfitWell to Paddle, and integrating the two teams.
- 4:15 β How ProfitWell got started (2012)
- 6:00 β Initially three co-founders (Crunchbase)
- 7:20 β Patrick's background (what he did before ProfitWell)
- 10:10 β What did bootstrapping ProfitWell look like? (How much did each founder invest?)
- 14:15 β Do you want to be a lifestyle company or a "big ass company?" π₯
- 15:55 β What salary did Patrick pay himself? (Tweet) π₯
- 18:25 β Differences between Patrick (ProfitWell) and Josh Pigford (Baremetrics) π₯
- 21:45 β Should bootstrapped companies go freemium and try to "win the market?" π₯
- 26:40 β The characteristics of your market determine most of your outcomes π₯π₯
- 29:24 β "Don't underestimate the velocity and size of your market." π₯
- 34:35 β What doe the average SaaS company spend on sales and marketing? π₯
- 37:39 β Pricing your SaaS discussion π₯
- 42:45 β Why competitors entering a new market can be better for your company. π₯
- 47:10 β Should bootstrapped companies try to "own the market?" π₯
- 52:10 β "We're in the second phase of SaaS: here's what's coming next." π₯
- 61:53 β Did ProfitWell employees have equity?
What should we talk about next?
- Twitter: @buildyoursaas, @mijustin, @jonbuda, @jsonpearl, and @helenryles
- Email us: support@transistor.fm
- Pascal from sharpen.page
- Rewardful.com
- Greg Park
- Mitchell Davis from RecruitKit.com.au
- Marcel Fahle, wearebold.af
- Bill Condo (@mavrck)
- Ward from MemberSpace.com
- Evandro Sasse
- Austin Loveless
- Michael Sitver
- Dan Buda
- Colin Gray
- Dave Giunta
Want to start a podcast on Transistor? Justin has a special coupon for you: get 15% off your first year of hosting: transistor.fm/justin β Support this podcast on Patreon β
159 episodes
Share
Manage episode 330253760 series 2121450
Content provided by Transistor.fm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Transistor.fm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Patrick Campbell just sold his startup, ProfitWell, to Paddle for $200 million.
Highlights (go straight to π₯ for the best stuff):
- 0:00 β "My problem is I'm always curious if other people are living a better dream than me."
- 1:30 β The major downside to bootstrapping is the lack of network
- 2:20 β Selling ProfitWell to Paddle, and integrating the two teams.
- 4:15 β How ProfitWell got started (2012)
- 6:00 β Initially three co-founders (Crunchbase)
- 7:20 β Patrick's background (what he did before ProfitWell)
- 10:10 β What did bootstrapping ProfitWell look like? (How much did each founder invest?)
- 14:15 β Do you want to be a lifestyle company or a "big ass company?" π₯
- 15:55 β What salary did Patrick pay himself? (Tweet) π₯
- 18:25 β Differences between Patrick (ProfitWell) and Josh Pigford (Baremetrics) π₯
- 21:45 β Should bootstrapped companies go freemium and try to "win the market?" π₯
- 26:40 β The characteristics of your market determine most of your outcomes π₯π₯
- 29:24 β "Don't underestimate the velocity and size of your market." π₯
- 34:35 β What doe the average SaaS company spend on sales and marketing? π₯
- 37:39 β Pricing your SaaS discussion π₯
- 42:45 β Why competitors entering a new market can be better for your company. π₯
- 47:10 β Should bootstrapped companies try to "own the market?" π₯
- 52:10 β "We're in the second phase of SaaS: here's what's coming next." π₯
- 61:53 β Did ProfitWell employees have equity?
What should we talk about next?
- Twitter: @buildyoursaas, @mijustin, @jonbuda, @jsonpearl, and @helenryles
- Email us: support@transistor.fm
- Pascal from sharpen.page
- Rewardful.com
- Greg Park
- Mitchell Davis from RecruitKit.com.au
- Marcel Fahle, wearebold.af
- Bill Condo (@mavrck)
- Ward from MemberSpace.com
- Evandro Sasse
- Austin Loveless
- Michael Sitver
- Dan Buda
- Colin Gray
- Dave Giunta
Want to start a podcast on Transistor? Justin has a special coupon for you: get 15% off your first year of hosting: transistor.fm/justin β Support this podcast on Patreon β
159 episodes
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Similar to Build Your SaaS
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
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Kipp Bodnar (HubSpotβs CMO) and Kieran Flanagan (Zapierβs CMO), lead you down the rabbit hole of marketing trends, growth tactics and innovation. On the way youβll pick up undiscovered strategies to give you that slight edge for success. These are not your typical twitter thread regurgitated marketing tactics that everyone is doing. These are new methods, with unfiltered examination of successful fresh ideas.
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The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.
…
continue reading
The fun email marketing podcast. Sell more of your online courses, grow your membership and bring in more coaching clients with email marketing that doesn't stink. Sound good? Then join your fellow Email Marketing Heroes for your weekly dose of fun, practical, yet brutally honest email marketing advice. You can listen in to a piping hot, fresh episode every 'Email Marketing Wednesday' or if you prefer learning with your eyes instead of your ears, we turn each episode into a full written blog ...
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Best Business Podcast (Gold), British Podcast Awards 2023 How do you build a fully electric motorcycle with no compromises on performance? How can we truly experience what the virtual world feels like? What does it take to design the first commercially available flying car? And how do you build a lightsaber? These are some of the questions this podcast answers as we share the moments where digital transforms physical, and meet the brilliant minds behind some of the most innovative products a ...
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continue reading
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
…
continue reading
Where startup founders raise millions and listeners can invest. Forget everything you think you know about the world of venture capital. Host Josh Muccio takes listeners behind closed-doors and into the room where deals are made. Part of the Vox Media Podcast Network.
…
continue reading
Welcome to the Whatβs Next! Podcast. Iβve met so many brilliant people as I traveled the globe and have had some fascinating conversations that Iβve wished had been recorded so I could share them with you - this podcast was a way for me to recreate those moments and let you in on some fantastic insights. My current conversations center around one objective: what's next for companies and individuals as they look to innovate and grow. I hope these conversations inspire you as much as they have ...
…
continue reading
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